Ex-Adams Street Partners CIO Hanneke Smits, who established and grew Adams Street’s business in Europe and Asia, replaces Helena Morrissey at the London-based investment manager.
2 min read · 12 August 2016
The Institutional Limited Partners Association reiterated its stance after Republican presidential nominee Donald Trump said he would up tax on carried interest.
3 min read · 11 August 2016
The American Investment Council criticised the Republican presidential nominee’s plan to end favourable tax treatment of carried interest, saying it shows a ‘lack of understanding’.
2 min read · 10 August 2016
Dutch discount retailer Action – 3i’s largest investment – is now valued at 18 times earnings, up from 14 times at the end of 2015, but the outlook for European private equity returns is still uncertain.
2 min read · 27 July 2016
The London-based placement agent aims to almost double its team in New York, from 12 to 20, by the middle of next year.
2 min read · 20 July 2016
Sir Peter Westmacott, the British Ambassador to the US from 2012-2016, joins the London-based firm as it seeks to grow its US business.
1 min read · 18 July 2016
The latest LP vote provides a way forward for the firm, which had paused fundraising following the death of founder Claudio Sposito in January.
2 min read · 15 July 2016
Direct private equity assets reached $640bn, or 18% of the total managed by the top 100 alternative asset managers worldwide, according to Willis Towers Watson.
2 min read · 13 July 2016
2 min read · 12 July 2016